Business

In a significant legal move, the Consumer Financial Protection Bureau (CFPB) has launched a formal complaint against retail giant Walmart and the work-scheduling platform Branch Messenger, citing allegations of exploitative financial practices that target delivery drivers in the gig economy. The expectation of fair compensation in the evolving labor market has never been more critical,
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In a significant advancement for both weight management and sleep health, the Food and Drug Administration (FDA) has recently greenlit Eli Lilly’s innovative weight loss medication, Zepbound, for off-label usage in treating obstructive sleep apnea (OSA). This groundbreaking decision marks a pivotal moment for millions affected by OSA—a common yet frequently overlooked condition characterized by
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The renowned sportswear brand Nike recently released its fiscal second-quarter results for 2025, showcasing an optimistic turn under the recently appointed CEO, Elliott Hill. Despite facing a plethora of challenges, including declining sales and market share, Hill is determined to rejuvenate the company’s standing in the competitive sneaker landscape. The results posted were better than
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The realm of collegiate athletics is often perceived as an arena of amateurism, yet the financial implications tell a different story. Major college sports programs are increasingly becoming profit-generating entities, with total revenues soaring into the billions each year. The quest to comprehend the worth of these athletic programs raises significant questions about the intersection
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In a housing market characterized by limited availability, an intriguing phenomenon stands out: an unprecedented number of homes remain underutilized, packed with spare bedrooms. The latest findings from a report by Realtor.com illustrate that the total number of extra bedrooms—defined as rooms not occupied by the home’s residents—has reached historic highs, a stark contrast to
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In recent years, family offices have increasingly turned to direct investments in private companies, viewing this strategy as a means to achieve superior returns typically associated with private equity. The 2024 Wharton Family Office Survey sheds light on this trend, indicating that direct deals are becoming a prominent component of family office investment portfolios. However,
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The landscape of airline travel has drastically changed in the aftermath of the COVID-19 pandemic. What was once a straightforward hierarchy of seating categories has now involved an intricate balance of price, demand, and consumer preferences. Passengers have expressed an increasing desire for more spacious seating, leading airlines to rethink their strategies. Gone are the
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